The post Bitcoin Tests $93,000 Resistance, Potential Rally to $125,000 on Horizon appeared on BitcoinEthereumNews.com.

Bitcoin is testing the $93,000 resistance level, with analysts predicting a potential rally to $125,000 if bulls break through, supported by institutional preference for BTC and ETH over altcoins. Bitcoin bulls are pushing against the $93,000 resistance, showing increasing buyer strength with each test. A falling wedge breakout on the four-hour chart indicates potential upside if support levels hold firm. Institutions are favoring Bitcoin and Ethereum, as noted by investor Kevin O’Leary, amid expanding regulations. Bitcoin tests $93,000 resistance: Analysts forecast rally to $125,000 as institutions prioritize BTC & ETH. Discover key insights on market trends and expert predictions. Stay ahead in crypto investing today. What is Bitcoin’s $93,000 Resistance and Its Impact on Price? Bitcoin’s $93,000 resistance refers to the upper boundary of a recent consolidation range where sellers have historically capped upward price movements. This level has been tested multiple times, weakening with each attempt as buyer momentum builds. Breaking above it could signal a bullish reversal, potentially driving prices toward $125,000 based on technical patterns like the falling wedge. How Does the Falling Wedge Pattern Influence Bitcoin’s Rally Potential? The falling wedge pattern on Bitcoin’s four-hour chart formed from late October to early December 2025, characterized by lower highs and lower lows that narrowed over time. This bullish reversal indicator suggests accumulation by buyers, especially as price retested the breakout point after moving above the wedge. Supporting data from market analysis shows stronger buying volume near resistance, increasing the likelihood of a breakout. Expert observations indicate that such patterns often precede significant rallies following prolonged downward pressure, with projections targeting the $125,000 region if $93,000 support holds. Statistics from trading platforms reveal that wedge breakouts have historically led to 20-30% gains in similar crypto market cycles. Bitcoin tests $93,000 resistance as analysts forecast a potential rally toward…

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Filed under: News - @ December 7, 2025 5:01 am